Israel is not only targeting Hezbollah leaders and weapons but also its finances, those who run them, and access to foreign currency, piling pressure on its supporters in Lebanon's cash-based economy
While there are plenty of instances of zombie banks around the world, Lebanon stands out as the most extreme example of deliberate negligence and procrastination in banking reform
Lebanon's cash economy and money laundering have come under increased scrutiny. The banking sector is under intense pressure to comply or face serious consequences.
A new draft law designed to help reform banking in Lebanon and address distrust in the sector is full of loopholes—handy for those who might benefit. Meanwhile, the conflicts of interest remain.
Apple has clearly succeeded in penetrating traditional banking services, forging a new future for the sector. Al Majalla explains why banks and other financial service providers should be worried.
As seen with Russia, the exclusion from the world monetary system seems to be a favorite choice of western countries to combat hostile powers. In the past months, US, UK and EU announced the removal…
Standard Chartered Bank, a British banking and financial services company founded in 1969, started operation of its first branch in Riyadh, Saudi Arabia, around the middle of last May.
The Saudi…
A string of deals ranging from defence to technology were signed in Riyadh worth at least $300bn, including the "largest military sales contract in history"
As experts warn of a looming famine due to Israel's blocking of all aid for over ten weeks, Al Majalla speaks to affected families on the ground whose children have become skin and bones
Al-Sharaa met Trump today in Riyadh, after the US president lifted sanctions on Syria on Tuesday, offering it "a chance at greatness". But who is the Syrian leader thrust into the global spotlight?
Syria's interim president, Ahmed al-Sharaa, will meet Donald Trump in Riyadh today, making him the first Syrian leader to meet with a US president since Clinton's meeting with Hafez al-Assad in 2000